India imposes restrictive measures on Gold imports to protect artisan livelihoods, promote indigenous manufacturing

With an aim to bolster the growth of the Indian jewellery industry and empowering local manufacturers to produce a wide range of gold ornaments domestically, the Indian government has recently imposed new restrictions on gold imports, specifically targeting the import of gold jewellery from ASEAN and SouthEast Asia. This strategic move aims to strengthen the Indian jewellery industry by curbing the disproportionate import of bullion compared to jewellery and fostering local manufacturing capabilities.

Welcoming this implementation that discourages sale of bullion obtained from imported jewellery which poses a grave risk of rendering numerous local artisans jobless, Saiyam Mehra, Chairman of the All India Gem and Jewellery Domestic Council (GJC), highlighted the significant disparity between bullion and jewellery imports, stating, "India imports bullion to the tune of 600-800 tonnes per annum, which is substantially higher than jewellery. India does not import gold jewellery through official sources due to a 25% import duty. The import duty on ASEAN countries was ‘zero’, which resulted in India's import of gold jewellery to the tune of more than 3.5 tonnes valued at $112.09 million in April-May 2023, of which $76.28 million came from Indonesia. Now, the restriction will stop such imports and enable jewellery retailers to manufacture all gold ornaments locally."

It is heard that the previous practice of importing ornaments for melting in local refineries and selling bullion for higher profits due to duty differentials has raised concerns within the industry. This practice not only affects domestic revenue but also poses a significant threat to the livelihoods of 70-80 lakh (7-8 million) local artisans.

Rajesh Rokde, Vice Chairman of the GJC, added, "With the current change, jewellery imports from ASEAN countrries have been restricted. Now, Indian jewellers can import gold jewellery only through the UAE under the CEPA agreement after paying the required import duty."

By reducing reliance on imports, the government aims to create a favorable environment for the development of local artisans and safeguard their employment opportunities. The All India Gem and Jewellery Domestic Council (GJC) welcomes the government's decision to impose restrictions on gold imports and stands united with the Indian jewellery industry in its efforts to nurture self-sufficiency and preserve the rich heritage of Indian jewellery craftsmanship.

The All India Gem and Jewellery Domestic Council (GJC) represents lakhs of trade constituents comprising manufacturers, wholesalers, retailers, distributors, laboratories, gemologists, designers and allied services to the domestic gems & jewellery industry. The Council functions with the objective to address the industry, its functioning, and its cause with a 360° approach to promote and progress its growth, while protecting the industry's interests. GJC, since the last 15 years, has been serving as a bridge between the government and the trade by undertaking various initiatives on behalf of and for the industry.

70,000+ trees in 1 hour: A new benchmark for My Greening hour initiative by Tata Chemicals

Seldom would one see such a CSR activity undertaken on such a grand scale by a Corporate House. This is a real story of planting over 70,000 trees in just ONE HOUR - that was undertaken by Tata Chemicals Society for Rural Development's (TCSRD) tree plantation drive – ‘My Greening Hour’ which saw this huge number of trees planted in over 100 locations across India within an hour on 17th of July 2023.

 

This nationwide activity was undertaken with the aim of creating awareness about the importance of trees for our survival, serving the local communities inclusively and, eventually, increasing carbon absorption capacity.

 

The initiative saw support from across geographies such as Maharashtra, Tamil Nadu, Telangana and Gujarat. The activity took place between 4-5 pm, on July 12, 2023. More than 10,000 people from Tata Chemicals Limited and Rallis India Limited including the local communities and authorities enthusiastically participated in the event as they united towards a common goal of making the planet greener. 

Talking about the initiative N. Kamath, Chief Manufacturing Officer and Location Head, Tata Chemicals Limited, Mithapur said, “At Tata Chemicals Limited, our focus on sustainability and serving the local communities is absolute. ‘My Greening Hour’ is a unique effort to ensure sustainable development. Trees are pivotal in ensuring ecological balance. With this initiative, we aim to address two essential goals, restoring the environment and raising awareness among the local communities about the importance of environmental preservation. The unprecedented support that poured in from all the stakeholders made this initiative a success. Planting over 70,000 trees in an hour is a remarkable feat. In Okhamandal, Gujarat, alone, we planted over 40,000 trees.” 

Elaborating on the ‘My Greening Hour’ initiative, Alok Chandra, Chief-Health, Safety, Environment & CSR, Tata Chemicals Limited, said, “We believe trees are essential for mitigating climate change, enhancing biodiversity, improving air quality and providing economic and social benefits. The world around us is changing rapidly, and we must understand and acknowledge the importance of acting fast towards nature conservation and expanding our green cover. Therefore, we set ourselves a target of planting as many trees as possible in an hour and every person involved in this activity worked towards this common goal. Planting over 70,000 trees gave us all a sense of achievement and satisfaction in further taking responsibility for its survival as a part of our vision to create a reener and healthier future for our communities and the planet.”

Established in 1980, the primary aim of Tata Chemicals Society for Rural Development (TCSRD) is to initiate and support community development programmes in and around regions where Tata Chemicals Limited facilities are located. And while each region is different in terms of geographic spread, subcultures and socio-economic requirements, TCSRD strives to protect, nurture and uplift the communities by adopting an integrated approach to development and designing region- specific need-based programmes. 

AIIA performs dozens of live surgeries for over 200 participants across India

The Shalyatantra Department organises Shalyacon

The All-India Institute of Ayurveda (AIIA) proudly honours the legendary Sushruta, hailed as the Father of Surgery, on the auspicious occasion of Sushruta Jayanti-2023, every year Sushruta Jayanti is celebrated world-wide on July 15. To commemorate this remarkable figure and his invaluable contributions to the field of surgery, the AIIA's Department of Shalyatantra is organising a prestigious event called Shalyacon.

Live surgical demonstration was performed on the occasion of the seminar on 13 and 14th July.  On the first day of the session, nine live surgical demonstrations were performed including Laparoscopic surgery and General surgical procedures. This allowed participants to witness and learn from live surgical demonstrations. Additionally, a Scientific Session provided a platform for researchers and experts to share their knowledge and insights followed by a cultural programme. On the second day of the session 13 live surgeries were performed.

The National Seminar on Shalya Tantra and Sangyaharan, organized in association with AAIM (Bharatiya Sangyaharak Association, Varanasi), commenced on July 13, 2023, and will continue till July 15, 2023. The seminar aims to promote the wisdom and practices of Sushruta and facilitate insightful discussions on the advancements in the field of surgery where 180 participants registered  across India.

Prof. (Dr.) Tanuja Manoj Nesari (Director, AIIA) holds the viewpoint that our institution emerged victorious in the field of surgery because of the vision of the dignitaries and the immeasurable effort of faculty members. She further extends appreciation to AIIA Scholars.

Dr. Deopujari Jayant (Chairperson, NCISM) was the chief guests for the inauguration ceremony. Dr. Dilip Puranik (President, Rashtriya Shikshan Mandal, Pune) and Dr. Mukul Patel (Vice Chancellor, Gujarat Ayurved University, Jamnagar) were the Guest of Honour for the event. Prof. (Dr) Tanuja Nesari (Director AIIA), Prof Dr Yogesh Badwe, HoD Shalyatantra welcomed all the dignitaries and briefed about seminar. Dr D.N Pande, President AAIM (Bhartiya Sanghyaharak Association, Varanasi and other senior faculty members were present at the occasion.

A blend of luxury and serenity in a breathtaking natural setting in the heart of Rajasthan: Radisson Blu Resort, Kumbhalgarh

Radisson Blu Resort, Kumbhalgarh

Nestled amidst the majestic Aravalli Range, this exquisite Radisson Blu resort is poised to redefine the region’s hospitality landscape by delivering a comfortable and stylish experience to guests backed by the Group’s unparalleled service standards. Situated in Kumbhalgarh in the heart of Rajasthan’s best-kept secret. Surrounded by diverse flora and fauna on the foothills of the Aravalli Range, Radisson Blu Resort, Kumbhalgarh is a serene oasis spread across 5.18 acres.

The resort showcases a perfect blend of luxury and serenity in a breathtaking natural setting. The resort's architecture pays homage to the rich heritage of Rajasthan, seamlessly combining traditional elements with modern design to create a truly captivating ambiance. Set in a spectacular location with a mountainous backdrop, the resort is accessible from Maharana Pratap Airport Udaipur and Udaipur City Junction Train Station within two hours.

Radisson Blu Resort, Kumbhalgarh is located in proximity to the illustrious Kumbhalgarh Fort, a UNESCO World Heritage site renowned for its architectural splendor. The resort’s strategic location ensures convenient access to other prominent attractions, including the revered Ranakpur Jain Temple and the captivating wildlife of Kumbhalgarh Wildlife Sanctuary. Just a 2-hour drive away from Udaipur, life at Radisson Blu Resort, Kumbhalgarh is all about the simple pleasures – waking up to warm sunshine, strolling through lush gardens, savouring local culinary delights, and exploring tales of bravery with guided treks and trails to sites undiscovered.

“We are thrilled to unveil Radisson Blu Resort Kumbhalgarh, a true gem in our growing portfolio. With its captivating setting, thoughtful amenities, and Rajasthan’s warm hospitality, we are confident that Radisson Blu Resort, Kumbhalgarh will become a preferred destination for travelers seeking an unforgettable experience. Radisson Hotel Group, in the past 25 years of operations in India, has become a part of the country’s social fabric. We derive deep inspiration from this and will continue to add more such magnificent hotels to our portfolio that are an embodiment of India’s rich heritage.” said Zubin Saxena, Managing Director & Area Senior Vice President - South Asia, Radisson Hotel Group

It is the only IGBC-certified property in the region. The resort boasts spacious rooms and suites that are elegantly designed with thoughtful touches offering stunning views of the picturesque landscape, ensuring a tranquil retreat for every guest. The resort offers three unique dining options, comprising a pizzeria, an all-day diner, and a lounge bar.

The resort also features a fitness center, a rejuvenating spa, and an outdoor pool for relaxation. It provides expansive meeting and banquet facilities with advanced technology. Guests can engage in self-rejuvenating recreational activities such as artisanal, puppet, and pottery workshops, guided treks led by naturalists, jungle visits, and cultural trails. The resort further enhances the guest experience with a royal welcome, performances like Nagada and Flute recitals, Ghoomar dance, and Sandhya aarti.

"We are delighted to collaborate with Radisson Hotel Group for the opening of Radisson Blu Resort, Kumbhalgarh. This partnership marks a significant milestone in our journey as a hospitality brand, as we join forces with a renowned global leader in the industry. Through this collaboration, we are confident in delivering an exceptional experience that allows our guests to immerse themselves in the rich culture and heritage of Rajasthan. We are committed to providing unparalleled hospitality and ensuring that every guest enjoys a memorable stay.”, said Sharad Mishra, Director & Owner of Radisson Blu Resort, Kumbhalgarh.

Gourav Deb, General Manager of Radisson Blu Resort, Kumbhalgarh said, “Radisson Blu Resort, Kumbhalgarh is designed to offer a perfect blend of tranquility, luxury, and cultural immersion. We are dedicated to crafting memorable experiences for our guests with exceptional services and recreational activities, making it a perfect cultural holiday spot. The resort ensures spectacular hospitality amidst the UNESCO world heritage site, and we are excited to host our guests with the Group’s signature Yes, I Can! Service ethos."

(Promotional Feature) 

India Space Congress 2023 drives collaboration, harnesses potential of Satellite & Space application for Empowering Socio-Economic Development

The India Space Congress 2023 in association with SIA-India united with respective Governors of 3 states concluded with the aim of harnessing the potential of satellite and space applications to drive socio-economic development across India.

 

"India Space Congress 2023 marked a significant milestone with the attendance of governors from Haryana, Uttarakhand, and Mizoram, showcasing the higher authority's recognition of the congress's importance. With the theme 'Redefining the Space Sector for Empowering Socio-Economic Development," remarked Dr Subba Rao Pavuluri, President, SIA-India in his concluding day Keynote Address. 

 

His Excellency, Dr Hari Babu Kambhampati, the Governor of Mizoram said, “The impactful role of the Space-Based Information Support for Decentralised Planning of Mizoram in promoting inclusive and sustainable development. The adoption of space applications in Mizoram holds immense importance in driving inclusive and sustainable development. These technologies empower local communities, optimize resource allocation, enhance infrastructure planning, and strengthen disaster preparedness. By harnessing the power of space-based information, Mizoram is poised to achieve significant progress in various sectors, ensuring a brighter and more prosperous future for its residents”

Air Marshal Surat Singh, Director General Air (Operations) mentioned, “The significance of space assets in warfare based on the Gulf War of 1991. In that conflict, space assets played a crucial role in monitoring, controlling, and softening the battlefield for 39 days, despite only 100 hours of ground fighting. Space assets must be protected from cyber-attacks through hardening measures and the application of quantum technology. The Indian Air Force views space as an extension of the air domain, considering persistent ISR (Intelligence, Surveillance, and Reconnaissance) and high-precision PNT (Positioning, Navigation, and Timing) as highly important.”

Shri Sunil, Additional Director General, Prasar Bharti emphasised on the commercial objectives, “Satellites are Leading innovation for B2B and B2C Video creating new revenue streams, and enhance the overall value proposition. By embracing new technologies, business models, and partnerships, companies can stay competitive and capitalize on the increasing demand for video content across various platforms and devices.”

India also needs a clear spectrum assignment mechanism. Simplifying the spectrum access process improves allocation and utilization, benefiting telecommunications, broadcasting, and other industries. This promotes growth and contributes to overall economic development by streamlining channels like the Department of Space and the Wireless Planning and Coordination (WPC). SIA-India looks forward to having spectrum policy that assures assignment through administrative license.

India Space Congress is an annual flagship event organized by the SatCom Industry Association of India (SIA-India). It brings together leading professionals, visionaries, and experts from the space sector to share insights, discuss advancements, and foster collaborations in the field of space and satellite technology.

Rapper Curtis 50 cent Jackson to be in India for FINAL LAP TOUR 2023

American rapper and actor Curtis James Jackson III known professionally as 50 Cent, will celebrate the 20th anniversary of his groundbreaking album 'Get Rich or Die Tryin' in India...

 

After record breaking sales with his tours across North America, Europe, Australia, and other regions, 50 Cent sets his sights on Indian shores!

 

One of the biggest hip-hop announcements of the year, GRAMMY® and EMMY® award-winning artist Curtis “50 Cent” Jackson will tour India as part of his global “The Final Lap Tour 2023” on November 25th. This monumental concert will commemorate the 20th anniversary of his pioneering album ‘Get Rich or Die Tryin’ and will take place at the DY Patil Stadium in Mumbai. 

 

Presented by VJP + Tracktical Concerts, a leading entertainment company known for its involvement in live entertainment, movie production and artist associations, the tour is expected to showcase the very best of 50 Cent’s illustrious career, including a lineup of fan-favorite hits and long-awaited tracks. The show will also feature supporting performances from internationally renowned hip-hop & urban acts from India and across the world.

 

Celebrated for his lyrical prowess, 50 Cent first cemented his place in music history with the groundbreaking success of ‘Get Rich or Die Tryin’, which propelled him to global stardom. Chart Toppers from this album, namely “In Da Club,” “P.I.M.P.,” and “Candy Shop” have dominated charts and airwaves till date, and the album still continues its reign as a cultural phenomenon, captivating audiences with its gritty storytelling and infectious beats.

 

Excited for his India show, 50 Cent added, “It’s been a minute—16 years to be exact - since I came to India. Ever since my last visit in 2007, India has always shown me a great deal of love and I can’t wait to return so as part of my Final Lap Tour, I'm returning to India in November! 

 

Vamseedharan Gowthamarajan – Founder & Director at Tracktical Concerts mentioned, “India has always been a strong supporter of global music, and with 50 Cent's upcoming 'The Final Lap Tour 2023', it is further solidifying its place on the global hip-hop map. Across local shores, 50 Cent’s influence on the genre cannot be overstated. Several of his songs have trended in the country, becoming anthems for generations. And we are thrilled to bring the legendary rapper to India for an epic hip-hop invasion like no other as part of his final global tour and give his fans a chance to party with him. 

 

In fact, 50 Cent’s timeless appeal continues to grow, with his iconic track "In Da Club” crossing over a billion streams worldwide, serving as a testament to the unwavering love and support from his dedicated fan base. The artist has also leveraged his star power to achieve unparalleled success as an entrepreneur, actor, and producer, earning a Star on The Hollywood Walk of Fame. 

 

The Final Lap Tour promises to be an unforgettable experience for his fans across the country. 

How AI will transform education, Coursera founder shares insights at Moneycontrol Startup Conclave

Jeff Maggioncalda, CEO of Coursera, a U.S.-based massive open online course provider, shared his views at the Moneycontrol Startup Conclave, on the topic of ‘Navigating edtech in the AI era held in Bengaluru on 10th of July..

On being told by his engineers, “Hey Jeff, this stuff is getting pretty powerful”, Jeff said how he then had to get his hands onto ChatGPT by early December of 2022. Since then, Coursera has moved pretty aggressively to integrate a ChatGPT implementation of a personalized learning assistant called Coursera Coach. It works on 5000 courses...

On being asked whether he thinks AI will save or destroy education, he said, “I think education has to adapt. Every time the world is changing, everything has to adapt. Relationships, institutions, everything. We’re all going to have to change the way we use tools, and even the way we use technology as a thought partner.”

“We’re using a large language model, we are not actually doing a lot of fine tuning right now, and we are constructing prompts that have the kind of context that a tutor would need to give you personalized prompts. So, it allows the language models to be really good at language, but the domain expertise comes from the university and the professor. We are rolling it out and, a little over 25% of our learners have access to Coursera Coach.”

On the impact of generative AI on kids’ learning abilities, Maggioncalda said, “The capability of this technology is quite remarkable, and I was worried that it was giving me too good of an answer. So, we are all figuring out how you can support a learner without letting them cheat. Cheating is a very big threat to the way people learn. So, we want to lend assistance, not give them the whole answer. The student still has to do all the work.”

“The pandemic was a major accelerator in the adoption of technology for teaching and learning. But even now as people go back to school, we are seeing really strong adoption of online learning in physical classrooms. I think we will never go back to a world of printed textbooks, with every student and every teacher in the same class. So, I think it’s going to be a hybrid world. Even students on campus are taking courses on Coursera, and our courses becoming a part of the curriculum. So, it is a hybrid world, and we all need to be pretty agile, because the world is changing pretty quickly,” he added.